Yeah i heard about this. It is lunacy to think something like this could possibly be kept track of and it is just some Sanders / AOC crud that is aimed at taxing the billionaires until they "pay their fair share" even though the billionaires already pay most of the taxes in USA.
Just a couple weeks after this was announced I saw in the news that Musk's personal fortune had diminished by $30 billion because of a drop in the stock value. So when that happens does this mean that he gets a tax writeoff? I bet Yellin hasn't really thought about that one.
Oh that would be wonderful. Yeah, if it goes one way then it is only fair that you get a tax write off if it goes the other way. That would put a sour note in most politicians' tune. Then we would have companies intentionally manipulating their stock value to reduce their tax burden. Every time the government gets involved in something they make it worse.